According to the textbook, the unique value provided by business angels is:
A) they are willing to make relatively large investments
B) they are willing to make relatively small investments
C) they require a fairly low rate of return on their money
D) they invest money but typically don't take a seat on a company's board of directors
E) they are easy to find

Question

Quizplus · Accepted Answer

The textbook states that the unique value provided by business angels is that they are willing to make relatively small investments, typically ranging from $25,000 to $250,000. This amount is too small for many venture capital firms, making business angels an important source of early-stage financing for startups.

According to the Textbook, the Unique Value Provided by Business